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Accounting Program at the Tobin College of Business Earns Endorsement by Institute of Management Accountants

Tuesday, September 29, 2015

The Peter J. Tobin College of Business is proud to announce that the College’s accounting program has earned endorsement by Institute of Management Accountants (IMA), one of the largest and most respected associations focused exclusively on advancing the management accounting profession. 

IMA’s Endorsement of Higher Education initiative recognizes programs that meet high educational standards, enabling students to pursue and earn the Certified Management Accountant (CMA) credential. Information about the program is available at http://www.imanet.org/educator_resources/index.aspx.

“Endorsement by IMA is a testament to the quality of our curriculum,” said Dean Victoria Shoaf. This achievement will help our students better prepare for a rewarding career in management accounting and will benefit the organizations where they will work.”

To qualify for endorsement by IMA, schools must meet the following criteria: (1) the program must substantially cover the CMA exam content; (2) the program must have adequate faculty resources to deliver this content; (3) the program must be accredited by a recognized accreditation organization (e.g., AACSB, ACBSP, EQUIS, etc.); and (4) a faculty member must be designated as an IMA Campus Advocate. The program offers two tiers of endorsement: full endorsement, for those university programs that meet all endorsement criteria; and provisional endorsement, for programs with some minor to moderate shortcomings in meeting all the criteria for full endorsement. 

“IMA is pleased to welcome St. John's University to the growing list of schools that support the CMA exam program and have achieved a consistent standard of excellence,” said Dr. Raef Lawson, CMA, CPA, CFP, CFA, IMA vice president of research professor-in-residence. “High-quality, up-to-date educational programs that support the current needs of businesses will help future professional management accountants accomplish their career objectives and meet the competency expectations of employers.”

IMA’s globally-recognized CMA program is a relevant assessment of advanced accounting and financial management knowledge in four areas: financial planning, analysis, control and decision support- each of which is increasingly critical in meeting the changing needs of business, and therefore, essential learning for students of accounting and finance. 

About IMA (Institute of Management Accountants)
IMA, the association of accountants and financial professionals in business, is one of the largest and most respected associations focused exclusively on advancing the management accounting profession. Globally, IMA supports the profession through resource, the CMA (Certified Management Accountant) program, continuing education, networking, and advocacy of the highest ethical business practices. IMA has a global network of more than 70,000 members in 140 countries and 300 professional and student chapters. Headquartered in Montvale, N.J., USA, IMA provides localized services through its four global regions: The Americas, Asia/Pacific, Europe, and Middle East/Africa. For more information on IMA, please visit www.imanet.org.